11/06/2014
If you are in the market for a highly profitable domestic dealership in a strong car market, on the outskirts of the GTA, we have just listed it! The dealership has 400,000 to 500,000 vehicles driving by it daily. Situated on a 2 acre property, this imagined store requires NO upgrading. The current owner has decided to focus on more personal goals rather than business.
The dealership delivers 1200 +/- new and used vehicles a year and has enjoyed an average of 3% and great net of sales returns. The goodwill for this dealership is $ 7,000,000 (approx 4.5 multiple) plus land building, net book assets, and inventories which would add up to approximately $ 12,500,000. This would represent based upon this years results, a return on investment of 19% or greater.
As all good car adds say…..”At this price, this deal will not last long”
I will be out of the country from tomorrow until Saturday the 15th of November. However, I will have access to my emails and my cell will be on. Alternatively, you can also contact Arthur Madjarian to discuss this opportunity further. His cell number is 416-671-3333 and email address is [email protected].
Have a great day!!!!
